Mumbai, Sept. 13 -- The Securities and Exchange Board of India (SEBI), at its board meeting in Mumbai on 12 September 2025, cleared a wide-ranging set of reforms aimed at reshaping India's capital markets, easing compliance for corporates, and bolstering investor protection. The measures touch everything from IPO norms and related-party transactions to mutual fund rules, foreign investor access, and governance at market institutions.

One of the most significant changes is the relaxation of the Minimum Public Shareholding (MPS) and Minimum Public Offer (MPO) rules for very large companies. Firms with a post-issue market capitalization above Rs 1 trillion will now face lower initial dilution requirements and can take up to 10 years to reac...